Advisor(s)

Alan W. Dyer

Abstract

The idea of lending money to the poor via microfinance is a poverty reduction method that is used. It gives people the necessary tools to help themselves out of the vicious cycle of poverty. This paper discusses micro-credit as an alternative method for poverty reduction in rural Mexico, in particular Chiapas. Based on a historical, economical, and a cultural review of the region, it argues that microfinance is an attractive solution to alleviating poverty without sacrificing indigenous culture or loosing control of their local economies.

Date Accepted

5-1-2006

Publication Date

5-18-2006

Subject Categories

Poverty, Economic development

Keywords

microcredit, rural economic development, microfinance

Degree Grantor

Northeastern University

Rights Holder

Nayeli Vivanco

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